Asset Five Group PCL (BKK:A5-R) ROCE % : 36.66% (As of Dec. 2023)

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What is Asset Five Group PCL ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Asset Five Group PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 36.66%.

Asset Five Group PCL ROCE % Historical Data

The historical data trend for Asset Five Group PCL's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Asset Five Group PCL ROCE % Chart

Asset Five Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.41

9.62

20.01

7.31

29.47

Asset Five Group PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.12	24.49	20.07	39.21	36.66

Asset Five Group PCL ROCE % Calculation

Asset Five Group PCL's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	626.303	/	( ( (2491.673 - 563.88)	+	(3425.206 - 1102.528) )	/ 2 )
	=	626.303	/	( (1927.793	+	2322.678)	/ 2 )
	=	626.303	/	2125.2355
	=	29.47 %

Asset Five Group PCL's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	787.636	/	( ( (2986.835 - 1012.86)	+	(3425.206 - 1102.528) )	/ 2 )
	=	787.636	/	( ( 1973.975	+	2322.678 )	/ 2 )
	=	787.636	/	2148.3265
	=	36.66 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Asset Five Group PCL (BKK:A5-R) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Asset Five Group PCL ROCE % Related Terms

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Asset Five Group PCL (BKK:A5-R) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Asset Five Group PCL (BKK:A5-R) » Definitions » ROCE %

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A5:Thailand

Address

Vibhavadi-Rangsit Road, 349 SJ Infinite one business complex, 19th Floor, 1901 Unit, Chomphon, Chatuchak, Bangkok, THA, 10900

Website

https://www.assetfive.co.th

Asset Five Group PCL operates as a holding company. Together with its subsidiaries, the firm is engaged in real estate development. It generates revenue from the sales of houses and sales of condominiums, of which key revenue is derived from the sales of houses. The group's operations are located in Thailand.

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